KEC International has reported results for the fourth quarter and year ended March 31, 2016.
The company has posted a jump of 37.12% in its net profit at Rs 60.14 crore for the quarter ended March 31, 2016 as compared to Rs 43.86 crore for the same quarter in the previous year. Total income of the company has increased by 4.44% at Rs 2012.59 crore for quarter under review as compared to Rs 1926.96 crore for the quarter ended March 31, 2015.
On consolidated basis, the company has posted a rise of 26.97% in its net profit at Rs 79.85 crore for the quarter ended March 31, 2016 as compared to Rs 62.89 crore for the corresponding quarter in the FY15. Total income of the company increased by 1.19% at Rs 2559.74 crore for quarter under review as compared to Rs 2529.76 crore for the same quarter ended previous year.
For the year ended March 31, 2016, the company has posted a surge of 42.70% in its net profit at Rs 158.01 crore as compared to Rs 110.73 crore for the same period in the previous year. However, total income of company decreased 2.86% at Rs 6575.64 crore for year under review as compared to Rs 6769.5crore for the period ended March 31, 2015.
For the year ended March 31, 2016, on the consolidated basis, the company has posted a rise of 18.96% in its net profit at Rs 191.52 crore as compared to Rs 160.99 crore for the same period in the previous year. However, total income of company has decreased by 1.02% at Rs 8526.59 crore for year under review as compared to Rs 8614.03 crore for the period ended March 31, 2015.
